Car insurance prices are more than double the cost compared to five years ago, forcing drivers to cut or reduce their coverage to afford premium costs.
Dealers and AI company executives say the increasing use of the technology has, in some cases, meant fewer staff are needed.
Insuring a car represents about $3 out of the $100 basket of goods measured in the consumer-price index—the January readi ...
Costlier cars or auto parts can increase claims costs, which take time to filter through to car-insurance rates.
On February 7, Hub International Limited (Hub), a global insurance brokerage and financial services firm, announced its ...